Now is the time to be market alert, analyst says
Livestock producers are being offered high value for their products.
By Bryan Doherty, Successful Farming
Agriculture.com - 1/7/2022
The cattle, hog, and dairy futures markets have recently reached into new contract highs.
Higher input prices, expectations for strong demand (domestic and export), and limited supply could keep prices supported. Yet, at new highs, it is time to stay alert. Markets tend to factor in perceived expectations. Expectations are fluid and change continuously....
... In theory, both fundamental and technical analysis factor in up-to-date developments. Yet, others may make decisions to buy or sell that have nothing to do with charts or supply-and-demand analysis. In the livestock and dairy markets, producers may not want to clutter their decision process with analysis when prices offer excellent value to their operation...